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Hedge betting by using one wager to offset the “negative probabilities” of another wager is just not smart betting on a crap game. Here you have the Independent voter who can vote as a Republican or Democrat and that adds some chaos to a mix that already holds the free radical game changing Donald Trump. You cannot protect yourself “here” without being hurt “there....

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Dear Mark: When playing craps, I am aware that it is best to stay away from any prop box bets. “I want a priest, a rabbi and a Protestant clergyman,” he managed to flash back. The logic here is analogous to diversifying your investment portfolio by buying bonds to “protect” against losses that you might experience in the stock market....

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The logic here is analogous to diversifying your investment portfolio by buying bonds to “protect” against losses that you might experience in the stock market. But if you followed trusted lines rather than most of the polls in the 2012 presidential race you knew the results well ahead of November 4th – much to the chagrin of the losing side.New Hampshire offers particularly good variables for a gambling, rather than fact-based bettor....

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“I want to hedge my bets.My advice to you, Bill, is to pass on hedge betting, stick to the don’t pass, and reduce that minuscule 1. But the odds are all over the place with Paddy Power favoring Trump at 1/6 and Rubio 4/1, while Betfair is ranking Trump, Kasich, Rubio and Cruz....

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“I want to hedge my bets.Are bookies better at predicting elections than the national polls? That question has yes and no answers, and to our knowledge has never been determined by a recognized and scientifically controlled study.“Hedging” your bet in craps is when you make one bet with the erroneous belief it will “protect” another wager somewhere else on the layout....